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Housing market/Michigan/ZIP 49519

ACS 2023 · FY2027 SAFMR

ZIP 49519 Wyoming, Michigan

Grand Rapids-Wyoming, MI HUD Metro FMR Area · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
28,308
Households
11,128
Median HH income
$75,373
Renter share
43.6%
Median gross rent
$1,176
Vacancy
4.8%
Pop. change
-2.1%
2BR SAFMR
$1,590
SAFMR / rent
1.352×
2–49 unit stock
4,184
LIHTC proj / units
1 / 160
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 49519 · MI — sent to you.

ZIP 49519 · MI

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ACS rent vs 2BR SAFMR

ZIP 49519 — Wyoming, MI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,176
2BR SAFMR$1,590
90% floor$1,431
110% ceiling$1,749

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 49519

  • 1-unit detached6,03451.6%
  • 1-unit attached6015.1%
  • 2–4 units6315.4%
  • 5–49 units3,55330.4%
  • 50+ units6875.9%
  • Mobile1871.6%
TypeUnitsShare
1-unit detached6,03451.6%
1-unit attached6015.1%
2 units (duplex)2001.7%
3–4 units4313.7%
5–9 units1,1289.6%
10–19 units1,64614.1%
20–49 units7796.7%
50+ units6875.9%
Mobile1871.6%

2–4 unit share 5.4% · 5–49 unit share 30.4% · combined 2–49 35.8%.

Units by bedrooms

Studio
499
1BR
1,683
2BR
3,380
3BR
4,128
4BR
1,547
5+
456

Rent burden

Rent ≥30% of income47.6%
Rent ≥50% of income19.6%
  • ACS median gross rent $1,176 (all bedrooms, occupied rentals).
  • Median contract rent $1,067.
  • Renters paying ≥30% of income 47.6%; ≥50% 19.6%.
  • FY2027 2BR SAFMR $1,590 (1.352× ACS median gross rent).

Population

28,308 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 160 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,079 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 49519 43.6% of occupied households are renters; vacancy is 4.8%; ACS median gross rent is $1,176; population changed -2.1% between the 2018 and 2023 ACS vintages; the housing stock includes 631 units in 2–4-unit structures and 3,553 units in 5–49-unit structures; 1 LIHTC projects totaling 160 units; FY2027 2BR SAFMR is $1,590 versus ACS median gross rent of $1,176. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Michigan research

ZIP 49519 is a Census / HUD profile for Grand Rapids-Wyoming, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 49519 — Wyoming, MI HUD Section 8 Payment Standards / SAFMR·Michigan ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
49301Grand Rapids-Wyoming, MI HUD Metro FMR Area5.2%$2,074$2,45049306Grand Rapids-Wyoming, MI HUD Metro FMR Area4.9%$1,068$1,83049319Grand Rapids-Wyoming, MI HUD Metro FMR Area10.0%$1,060$1,43049321Grand Rapids-Wyoming, MI HUD Metro FMR Area32.5%$1,073$1,47049341Grand Rapids-Wyoming, MI HUD Metro FMR Area9.4%$1,251$1,74049351Grand Rapids-Wyoming, MI HUD Metro FMR Area——$1,63049468Grand Rapids-Wyoming, MI HUD Metro FMR Area——$1,63049501Grand Rapids-Wyoming, MI HUD Metro FMR Area——$1,63049503Grand Rapids-Wyoming, MI HUD Metro FMR Area62.5%$1,207$1,76049504Grand Rapids-Wyoming, MI HUD Metro FMR Area41.9%$1,145$1,62049505Grand Rapids-Wyoming, MI HUD Metro FMR Area35.4%$1,248$1,73049506Grand Rapids-Wyoming, MI HUD Metro FMR Area24.1%$1,305$1,790

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Michigan research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 49519?

ZIP 49519 (Grand Rapids-Wyoming, MI HUD Metro FMR Area) has 28,308 residents, 11,128 households, a renter share of 43.6%, median household income of $75,373, and ACS 2023 median gross rent of $1,176. Vacancy is 4.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49519?

ACS counts 200 units in 2-unit buildings, 431 in 3–4 unit buildings, 1,128 in 5–9, 1,646 in 10–19, and 779 in 20–49. Combined 2–49 unit stock is 4,184 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49519?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,590. See the full schedule and 90–110% payment-standard band on the ZIP 49519 — Wyoming, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49519 is Census / HUD research for Grand Rapids-Wyoming, MI HUD Metro FMR Area. Jeff Crowe CRE does not list Michigan property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.